International Trust Laws

Paolo Panico

Acts as broad ranging and practical reference on the most important areas of international trust law

Provides extensive analysis of topical issues such as disclosure of information, protectors, shams, and protection from heirs and creditors

Contains detailed coverage of leading trust centers such as Jersey, Guernsey, the Cayman Islands, the Bahamas and the Isle of Man, with examples drawn from a wealth of other jurisdictions including New Zealand, Dubai, Mauritius and the Cook Islands

Offers a unique consideration of the recognition and impact of trust law issues in civil law contexts

Provides a full discussion of the relevant case law from both English and offshore jurisdictions

International Trust Laws

Paolo Panico

Description

International Trust Laws provides practical and broad ranging coverage of the most important issues in international trust law across leading jurisdictions. It analyzes crucial topics surrounding the creation of trusts, the powers and duties of trustees, mechanisms of control, and the special uses of trusts. The topics are considered in the light both of their original development under English law, and the statutory solutions worked out by offshore jurisdictions such as Jersey, Guernsey, the Cayman Islands, the Bahamas, the Isle of Man and New Zealand. Other examples are drawn from a wealth of other jurisdictions including Dubai, Mauritius, and the Cook Islands. The book also reviews a wealth of case law from English and offshore courts and offers a unique
consideration of the recognition and impact of trust law issues in civil law contexts.

International Trust Laws

Paolo Panico

Table of Contents

IntroductionCreation of Trusts 1. Creation and validity of trusts: the settlor's intentionThe Powers and Duties of Trustees 2. Trustee Investments: Powers and Duties3. Delegation of Trustee Functions4. The Business Enterprise as a Trust Asset5. Dispositive Powers and the Rule in 'Hastings-Bass'Trustee Liability 6. Trustee Liability to Third Parties7. Trustee Exemption Clauses8. Trustees' Remuneration and ExpensesMechanisms of Control 9. Disclosure of Information to the Beneficiaries and Letters of Wishes10. ProtectorsSpecial Uses of Trusts 11. Protection from Heirs and Creditors12. Non-Charitable Purpose Trusts

International Trust Laws

Paolo Panico

Author Information

Paolo Panico is Chairman and Managing Director of Private Trustees SA, an independent trust company based in Luxembourg and Geneva. He is a tutor on the STEP diploma courses, and has taught in Guernsey, Switzerland and Hong Kong. He is also the adjunct professor of International Business at the University of Moderna, Italy. He has written a wide range of articles on trust law, is Country Correspondent for Trusts & Trustees (OUP, 2006-) and is the author of Luxembourg: A New Trust Jurisdiction (Key Haven, 2004)